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(WXIA) -- In an effort to raise $3 million for Children's Miracle Network Hospitals and celebrate National Pancake Day, IHOP Restaurants will give out free pancakes to all guests on Tuesday, February 5.

This day will also mark the 30th anniversary of the Children's Miracle Network Hospital, as reported by a spokeswoman for IHOP. National Pancake Day is recognized as IHOP's largest philanthropic event of the year, with more than 1,500 restaurants taking part. IHOP hopes that reaching the $3 million goal will be the ideal kick off to 2013 fundraising for the CMNH.

The spokeswoman said IHOP restaurants will give a complimentary stack of buttermilk pancakes to all guests from 7:00 a.m. - 10:00 p.m. At the same time, they hope guests will make donations to CMNH. All proceeds will be put towards helping CMNH and other local charities to bring vital equipment, life-saving procedures and critical care to sick and injured children.

IHOP has held National Pancake Day for eight years, and over that time, has raised over $10 million total.

"Millions of free pancakes served on National Pancake Day mean millions of miracles for those in need," Julia Stewart, Interim President, IHOP said. "The concept is simple, but our mission is ambitious; to save and improve the lives of as many children as possible through Children's Miracle Network Hospitals. For the past eight years, it has been a pleasure and a privilege for all of us at IHOP to participate in this worthy event, and each year our guests have proved to be incredibly generous, helping us not only reach but surpass our goal. We look forward to continuing that trend this year as we plan to once again flip and serve about 4 million free pancakes for charity."

Another way guests can help donate to CMNH is to buy a "Miracle Balloon" for either $1 or $5, which are available throughout January. Anyone who buys a $5 balloon will receive $5 off their next visit, said the spokeswoman.